Science Applications International's (SAIC) "Hold (C)" Rating Reiterated at Weiss Ratings

Key Points

• Science Applications International (SAIC) received a "hold (c)" rating from Weiss Ratings, indicating they expect the stock to perform steadily without significant deterioration or improvement.
• The company's stock opened at $101.37 with a market cap of $4.67 billion and has a 52-week range between $94.68 and $156.34.
• In its latest quarterly earnings report, SAIC beat expectations with EPS of $3.63 compared to a consensus estimate of $2.25, while reporting revenues of $1.77 billion which fell short of analyst estimates.

Science Applications International (NASDAQ:SAIC - Get Free Report)'s stock had its "hold (c)" rating reiterated by equities research analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Science Applications International Price Performance

Shares of Science Applications International stock opened at $101.37 on Wednesday. The company has a market cap of $4.67 billion, a price-to-earnings ratio of 12.27 and a beta of 0.44. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a fifty day simple moving average of $109.39. Science Applications International has a 52-week low of $94.68 and a 52-week high of $156.34.

Science Applications International (NASDAQ:SAIC - Get Free Report) last announced its quarterly earnings results on Thursday, September 4th. The company reported $3.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.25 by $1.38. The firm had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.86 billion. Science Applications International had a net margin of 5.35% and a return on equity of 33.36%.

Science Applications International Company Profile

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include engineering; technology integration; IT modernization; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as cloud migration, managed services, infrastructure modernization, and enterprise IT-as-a-service solutions.

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